Chande Momentum Oscillator

Chande Momentum Oscillator

The Chande Momentum Oscillator is a modified RSI.

Chande Momentum Oscillator

To interpret the CMO:

  • Values over 50 indicate overbought condition and values under -50 indicate oversold conditions.
  • High CMO values indicate strong trends.
  • When the CMO crosses above/below a moving average of the CMO, it is a buy/sell signal.